CEO of Cybarco Development Ltd announced that 50% of foreign buyers in Cyprus are Russian citizens. In his opinion, the activity of Russians has increased in connection with the peculiarities of local immigration laws.
At the moment, about 40 000 people from the former Soviet Union has moved to Cyprus. They make up 4% of the total population of the island.
In addition, in the list of foreign investors in Cyprus, there is an increasing number of Chinese citizens. At the moment, Chinese investors account about 20-25% of the foreign buyers.
Based on the materials of ria.ru
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